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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-08-17
Argentine stocks slip

Argentine stocks slip

Argentine stocks fell for a second consecutive session on Friday, dragged down by energy-related shares on lower oil prices, while bonds rose slightly on government buying. The benchmark MerVal stocks index closed down 0.23 percent at 1,733.79 points, aft
Published 17 Aug, 2008 12:00am
Mexican stocks little firmer

Mexican stocks little firmer

The Mexican IPC index rose 0.34 percent to 27,340.83 points as falling oil and commodity prices buoyed hopes for a revival of consumer spending in the United States, Mexico's top trading partner and the bonds jumped to a two-month high.
Published 17 Aug, 2008 12:00am
Weak metals, oil drag Toronto index to steep loss

Weak metals, oil drag Toronto index to steep loss

The Toronto Stock Exchange's main index plunged on Friday to its lowest level since March, capping off a losing week as resource stocks fell on retreating oil and metal prices. The S&P/TSX composite index ended the session down 262.21 points, or 2 percent
Published 17 Aug, 2008 12:00am
Canadian bonds rise

Canadian bonds rise

The Canadian bond prices rose slightly on Friday across the yield curve. "You have a moderate rally in the US and Canada is tracking that, but it's underperforming on the strong Canadian economic data," Eric Lascelles, economics and rates strategist at TD
Published 17 Aug, 2008 12:00am
Canadian bonds rise

Canadian bonds rise

The Canadian bond prices rose slightly on Friday across the yield curve. "You have a moderate rally in the US and Canada is tracking that, but it's underperforming on the strong Canadian economic data," Eric Lascelles, economics and rates strategist at TD
Published 17 Aug, 2008 12:00am
Brazil stocks drop to lowest level in seven months

Brazil stocks drop to lowest level in seven months

Brazil's stock market fell to its lowest level in almost seven months on Friday as a decline in commodities dragged shares of state controlled oil giant Petrobras, mining company Vale and local steelmakers. The Bovespa index of the Sao Paulo stock exchang
Published 17 Aug, 2008 12:00am
Dow, S&P 500 rise as lower oil lifts retailers

Dow, S&P 500 rise as lower oil lifts retailers

The Dow and S&P 500 rose on Friday, as sinking commodity prices raised hopes of a consumer spending recovery, helping push shares of retailers higher. A rally in the US dollar on fears about slowdowns in economies outside the United States pushed the pric
Published 17 Aug, 2008 12:00am
Forex outlook: US dollar likely to extend gains next week

Forex outlook: US dollar likely to extend gains next week

The US dollar could gain further ground next week, underpinned by the view that other major economies are deteriorating while the United States, the first major casualty of the credit crisis, is showing signs of reviving.
Published 17 Aug, 2008 12:00am
Mexican peso slips

Mexican peso slips

Mexico's peso slipped on Friday ahead of a widely expected rate hike by the country's central bank as the dollar gained broadly against other currencies. The peso weakened 0.09 percent to 10.1785 per dollar.
Published 17 Aug, 2008 12:00am
Dollar posts fifth weekly gain versus euro

Dollar posts fifth weekly gain versus euro

The US dollar jumped to a six-month high against the euro on Friday, buoyed by another drop in oil prices and growing views the US economic slowdown may be bottoming while growth in the euro zone stalls. The dollar posted a fifth week of gains against the
Published 17 Aug, 2008 12:00am
IMM speculators boost long dollar position

IMM speculators boost long dollar position

Currency speculators boosted their bets on the US dollar for a third week, according to the latest weekly data from the Commodity Futures Trading Commission on Friday. The dollar's net long position jumped to $11.59 billion in the week to August 12, from
Published 17 Aug, 2008 12:00am
Kenyan shilling firms versus dollar

Kenyan shilling firms versus dollar

Kenya's shilling was slightly firmer against the dollar on Friday and dealers saw it maintaining its ranges in coming days. The commercial banks posted the unit at 67.30/40 against the dollar compared with Thursday's close of 67.45/55. Traders saw the uni
Published 17 Aug, 2008 12:00am
Taiwan dollar at 5-1/2-month low

Taiwan dollar at 5-1/2-month low

The Taiwan dollar fell on Friday, hovering at a 5-1/2 month low, due to continuing fund outflows, the fall in local stock market and a globally stronger US dollar. The Taiwan dollar closed at T$31.330 to the US dollar, its lowest finish since February 25,
Published 17 Aug, 2008 12:00am
Canadian dollar rises

Canadian dollar rises

Stronger-than-expected manufacturing figures helped lift the Canadian dollar against the US dollar on Friday, while bond prices took their cue from a rising US Treasury market. The Canadian dollar closed at C$1.0590 to the US dollar, or 94.43 US cents, up
Published 17 Aug, 2008 12:00am
Arsenal kick off new season with win

Arsenal kick off new season with win

New signing Samir Nasri scored after four minutes to give Arsenal a 1-0 win over promoted West Bromwich Albion when they kicked off the new Premier League season at the Emirates Stadium on Saturday. The 21-year-old French midfielder, signed from Olympique
Published 17 Aug, 2008 12:00am
Roddick flops in Washington, Del Potro advances

Roddick flops in Washington, Del Potro advances

Defending champion Andy Roddick was upended in the quarter-finals of the ATP event in Washington on Friday, beaten 0-6 6-2 6-4 by Serbian world number 93 Viktor Troicki. The top seed blitzed through the opening set but lost his way as Troicki battled into
Published 17 Aug, 2008 12:00am
'United must do better'

'United must do better'

European and Premier league champions Manchester United have to play better this season because their challengers have improved, midfielder Owen Hargreaves said on the eve of the new campaign. United, with a largely unchanged squad, launch their hunt for
Published 17 Aug, 2008 12:00am
Burewala outfit announces squad for women football championship

Burewala outfit announces squad for women football championship

Burewala's Vehari United Women Football Club has announced their squad for the fourth National Women Football Championship that will get underway at Islamabad's Jinnah Stadium from Wednesday (August 20). Burewala team along with National Club Champion Lah
Published 17 Aug, 2008 12:00am
New Zealand remain concerned over Pakistan security

New Zealand remain concerned over Pakistan security

New Zealand's cricketers remain concerned over the security situation in Pakistan ahead of next month's Champions Trophy, players' association chief Heath Mills said on Saturday. An International Cricket Council (ICC) taskforce and Pakistan coach Geoff La
Published 17 Aug, 2008 12:00am
Supa Tigers tournament on August 18

Supa Tigers tournament on August 18

Caltex Oil Pakistan Ltd is organising a Supa Tigers Cricket Tournament in Karachi on Monday. The event is taking place for the second time as earlier Caltex Pakistan's Supa Tigers comic series was launched in Pakistan on January 18. This new comic series
Published 17 Aug, 2008 12:00am
CAS freeze Montcourt ban

CAS freeze Montcourt ban

The Court of Arbitration for Sport (CAS) confirmed Saturday they have put the eight-week ban of French tennis player Mathieu Montcourt for betting on hold as they examine the affair. As a result, Montcourt, ranked 154th, can play again from Monday, accord
Published 17 Aug, 2008 12:00am
Mauresmo eases into Cincinnati semis

Mauresmo eases into Cincinnati semis

Amelie Mauresmo moved a step nearer to winning her first tournament back from an injury layoff when she eased to a 6-2 6-4 win over American Vania King in the quarter-finals of the Cincinnati Open on Friday. The former world number one coughed up seven do
Published 17 Aug, 2008 12:00am
Shoaib can only play in Champions Trophy after paying fine: PCB

Shoaib can only play in Champions Trophy after paying fine: PCB

The Pakistan Cricket Board said Saturday that Shoaib Akhtar can only play in next month's Champions Trophy if he pays an outstanding fine, just days after naming him unconditionally in the squad. The 33-year-old fast bowler won a court battle in July to t
Published 17 Aug, 2008 12:00am
Ukraine says ready to work with West on missile defence

Ukraine says ready to work with West on missile defence

Ukraine said on Saturday it was ready to make its missile warning systems available for Western countries after Russia announced it was pulling out of a long-term cooperation agreement involving them. The foreign ministry announcement provided further evi
Published 17 Aug, 2008 12:00am
Suspected bombing mastermind held in India

Suspected bombing mastermind held in India

Indian police arrested 10 people on Saturday who they said were behind bomb attacks which killed at least 45 people in the western city of Ahmedabad last month. Police said one of those arrested, Abu Bashir, was the mastermind of the bombings and that all
Published 17 Aug, 2008 12:00am
Rare sextuplets born in Iraq, four survive

Rare sextuplets born in Iraq, four survive

A woman has given birth to rare sextuplets in southern Iraq, but two of them died because the hospital lacked the proper equipment to keep them alive, her doctor said on Saturday. Some Iraqi media described it as the first birth of sextuplets - six childr
Published 17 Aug, 2008 12:00am
'Miracle' woman gives birth to sextuplets in Egypt

'Miracle' woman gives birth to sextuplets in Egypt

An Egyptian woman has given birth to a set of sextuplets in the Mediterranean city of Alexandria, in what doctors termed "a miracle," the official MENA news agency reported on Saturday. Ghazala Ibrahim Omar, 27, delivered four boys and three girls followi
Published 17 Aug, 2008 12:00am
Pilgrims flock to Kerbala; car bomb kills six

Pilgrims flock to Kerbala; car bomb kills six

Hundreds of thousands of pilgrims poured into Iraq's holy city of Kerbala on Saturday, defying bomb attacks across the country to attend a rite that has become an annual show of strength for the Shia majority. Many of the pilgrims have walked for days in
Published 17 Aug, 2008 12:00am
Train crash kills eight in Indonesia

Train crash kills eight in Indonesia

At least eight people were killed and more than 60 injured on Saturday when a passenger train collided with a stationary cargo train carrying coal in Indonesia's Lampung province, an official said. The Limex Sriwijaya train packed with approximately 300 c
Published 17 Aug, 2008 12:00am
Gul anticipates 'new world order'

Gul anticipates 'new world order'

Turkish President Abdullah Gul predicted "a new world order" of joint international action, in an interview published in Britain on Saturday. He added that the conflict in Georgia shows the United States can no longer shape global politics on its own, and
Published 17 Aug, 2008 12:00am
Storm Fay to become hurricane threat to Cuba, US

Storm Fay to become hurricane threat to Cuba, US

The sixth storm of the 2008 Atlantic hurricane season dumped torrential rain on the Dominican Republic and vulnerable Haiti on Saturday and was expected to become a hurricane threatening Cuba and the United States, US forecasters said.
Published 17 Aug, 2008 12:00am
Iran rejects Western charges of bank illegalities

Iran rejects Western charges of bank illegalities

Iran rejected on Friday Western allegations that its central bank and other financial institutions were trying to skirt UN sanctions by covering their tracks, and threatened to seek compensation. The 15-nation council has imposed three rounds of sanctions
Published 17 Aug, 2008 12:00am
US expects Libya fund to start paying out soon

US expects Libya fund to start paying out soon

The United States is confident an international fund set up with Libya to compensate victims of US and Libyan bombings will be well financed and start paying out soon, a senior US official said on Friday. An agreement was signed in Tripoli on Thursday to
Published 17 Aug, 2008 12:00am
Safina stops Chinese giant-killer Li

Safina stops Chinese giant-killer Li

Chinese star Li Na's giant-killing run was brought shuddering to a halt by in-form Russian Dinara Safina in the Olympic Games semi-finals on Saturday. Safina braved a partisan crowd to oust Li 7-6 (7/3), 7-5 and set up an all-Russian final with 2000 silve
Published 17 Aug, 2008 12:00am
Germany into men's table tennis team final

Germany into men's table tennis team final

European powerhouse Germany marched past Japan 3-2 and into the final of the men's Olympic table tennis team event on Saturday, where they will meet either China or South Korea. Germany's rising star Dimitrij Ovtcharov edged Kan Yo before veteran Timo Bol
Published 17 Aug, 2008 12:00am
Bolt scorches to record 100 metres win; Phelps equals record

Bolt scorches to record 100 metres win; Phelps equals record

Jamaica's Usain Bolt won the men's Olympic 100 metres in stunning style on Saturday, obliterating his own world record to win in 9.69 seconds. He took the most coveted athletic crown with ease, soaring across the line metres clear of Trinidadian Richard T
Published 17 Aug, 2008 12:00am
Jailed Belarussian opposition leader freed

Jailed Belarussian opposition leader freed

Jailed Belarussian opposition leader Alexander Kozulin, considered in the West to be the ex-Soviet state's most prominent political prisoner, was released on Saturday and is on his way home, his daughter said. Western countries have long made his release
Published 17 Aug, 2008 12:00am
Nigerian troops kill 12 militants in delta attack

Nigerian troops kill 12 militants in delta attack

Twelve Nigerian militants and a naval officer were killed in a gunbattle on Friday near a Royal Dutch Shell natural gas plant in the oil-producing Niger Delta, military and security sources said. Lieutenant Colonel Sagir Musa, spokesman for the military t
Published 17 Aug, 2008 12:00am
Bangladesh tightens security on bombing anniversary

Bangladesh tightens security on bombing anniversary

Bangladesh's military-backed interim government has tightened security ahead of the anniversary of deadly bombings by Islamist militants, who sought to turn the mainly Muslim country into a sharia state.
Published 17 Aug, 2008 12:00am
Troops try to thwart simulated Panama Canal attack

Troops try to thwart simulated Panama Canal attack

Troops from countries across the Americas started a major military exercise on Friday to defend the Panama Canal from an attack by a fictional terrorist group bent on damaging the world economy.
Published 17 Aug, 2008 12:00am
Oceanic 'dead zones' expanding world-wide: study

Oceanic 'dead zones' expanding world-wide: study

Oceanic "dead zones" where marine life cannot survive have been steadily increasing over the past five decades and now encompass 400 coastal areas of the world, a US-Swedish study said Friday. The number of these areas, in which aquatic ecosystems disappe
Published 17 Aug, 2008 12:00am
US may cut more aid over Mauritania coup

US may cut more aid over Mauritania coup

The United States threatened more cuts in aid to Mauritania on Friday if the country's new military rulers did not reinstate its first freely elected president. Todd Moss, deputy assistant secretary of state for African affairs, visited the northwest Afri
Published 17 Aug, 2008 12:00am
Doubles delight for Federer

Doubles delight for Federer

Roger Federer took out his frustrations on the doubles court as he claimed Olympic gold with partner Stanislas Wawrinka on Saturday. The Swiss ace and world number 10 Wawrinka pummelled Sweden's Simon Aspelin and Thomas Johansson 6-3, 6-4, 6-7 (4/7), 6-3
Published 17 Aug, 2008 12:00am
World 100 metre record timeline

World 100 metre record timeline

Timeline of the men's 100m world record which was broken by Jamaica's Usain Bolt on his way to winning the Olympic gold medal here on Saturday:

Published 17 Aug, 2008 12:00am
Golden record-breaker Bolt fastest on earth

Golden record-breaker Bolt fastest on earth

Usain Bolt was crowned the world's fastest man when he raced to victory in the blue riband Olympic men's 100 metres final in a world record time of 9.69sec here Saturday. The 21-year-old who had cruised through the heats and semi-finals beat home Richard
Published 17 Aug, 2008 12:00am
Lunar eclipse in Pakistan

Lunar eclipse in Pakistan

Pakistan including Middle East, northern Asia, Europe and northern America witnessed partial eclipse of the moon in the wee hours of August 17, Aaj TV reported. According to the channel this last lunar eclipse of the year started at 01:36 AM and wa
Published 17 Aug, 2008 12:00am
KCR project to help improve environment

KCR project to help improve environment

A meeting of Senate Standing Committee on Environment under the chair of its Chairman, Senator Dr Mohammad Ali Brohi, was held here on Saturday to review a maga project of Karachi Circular Railway (KCR) system, a project funded by Japanese company.
Published 17 Aug, 2008 12:00am
Compensation demanded for robbery victims

Compensation demanded for robbery victims

The Vice Chairman, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Banking and Insurance Committee, Jaffar Kudia has urged the government and the Habib Bank administration to pay compensation to those who suffered losses in August 14 ban
Published 17 Aug, 2008 12:00am
AHBL Korangi branch opened

AHBL Korangi branch opened

Arif Habib Bank Ltd (AHBL) (Formerly Arif Habib Rupali Bank Ltd) continues to expand in Pakistan, opening another full-service branch with ATM at Korangi Industrial Area. S M Muneer, Vice Chairman, MCB kindly consented to be the chief guest at the ribbon
Published 17 Aug, 2008 12:00am
Hepatitis B, C cases detected in Hyderabad

Hepatitis B, C cases detected in Hyderabad

Ten cases of Hepatitis B and 20 of Hepatitis C were detected out of 250 people tested in a medical camp in Hederabad. The Health Department organised the camp at Rural Health Centre Pangrio that was inaugurated by the EDO Health, Dr Abdul Sattar Channa.
Published 17 Aug, 2008 12:00am
One dead, 12 injured as operation against militants continues

One dead, 12 injured as operation against militants continues

One person was killed and twelve injured in search operation by the security forces against the militants in Kabal area while the district administration clamped curfew for an indefinite period here on Saturday, official sources informed.
Published 17 Aug, 2008 12:00am
TMOs asked to set up Sasta Bazars in Ramazan

TMOs asked to set up Sasta Bazars in Ramazan

DCO Lahore Sajjad Ahmed Bhutta has instructed all the Tehsil Municipal Officers (TMOs) to set up 90 Sasta Bazars on daily basis in the city during the month of Ramazan, where the prices of everyday commodities would be 10-20 percent less.
Published 17 Aug, 2008 12:00am
Petition filed against SHO for harassment

Petition filed against SHO for harassment

The Lahore High Court (LHC) has called for report from SHO police station Gakkhar Mandi in a petition filed by one Mohammad Iqbal against police harassment. The court also directed the District Police Officer Gujranwala to get explanation from the SHO and
Published 17 Aug, 2008 12:00am
No safe passage for Musharraf: PML-N

No safe passage for Musharraf: PML-N

'Giving safe passage to Musharraf will simply distort the pages of our country's history,' the Secretary General, International Affairs, Pakistan Muslim League-Nawaz (PML-N), Sheikh Kaiser Mehmood said on Saturday. 'President Pervez Musharraf deserve no l
Published 17 Aug, 2008 12:00am
Transfers and postings in FBR

Transfers and postings in FBR

The Federal Board of Revenue (FBR) has transferred and posted eight senior officials of the Customs and Excise Group (BS-20/19/18) with immediate effect.
Published 17 Aug, 2008 12:00am
Chief Justice LHC sets up new benches for next week

Chief Justice LHC sets up new benches for next week

Chief Justice Lahore High Court Syed Zahid Hussain constituted four division benches (DBs) and nine single benches (SBs) for the principal seat at Lahore for the 7th week of the summer vacations commencing from August 18.
Published 17 Aug, 2008 12:00am
Government striving to resolve problems of expatriates

Government striving to resolve problems of expatriates

The government is making all possible efforts to address the problems of overseas Pakistanis. Aspart of the efforts, the Ministry of Foreign Affairs recently sent a two-member consular team of the Embassy of Pakistan in Seoul to far lung areas of Daegu an
Published 17 Aug, 2008 12:00am
Powergen Pak 2008 moot, exhibition on August 28

Powergen Pak 2008 moot, exhibition on August 28

The second two-day international power generation conference and showcase, Powergen Pak 2008 will be held on August 28 with a theme Power Efficiency, Up-gradation and Self-reliance in Karachi. Supported by the Ministry of Water and Power, Private Power In
Published 17 Aug, 2008 12:00am
Nusrat Fateh Ali's death anniversary observed

Nusrat Fateh Ali's death anniversary observed

The 11th death anniversary of the world's most outstanding vocalists, the great Sufi Qawwal Nusrat Fateh Ali Khan was observed on Saturday. Nusrat Fateh Ali Khan, the Pakistani singer who had worked with Western musicians such as Eddie Vedder, Peter Gabri
Published 17 Aug, 2008 12:00am
47th death anniversary of Baba-i-Urdu observed

47th death anniversary of Baba-i-Urdu observed

Rich tributes were paid to Baba-i-Urdu, Molvi Abdul Haq, on his 47th death anniversary observed on Saturday. Qura'an Khawani was held at his Mazar here and 'Fateha' was also offered. The president of Anjuman Taraqi-e-Urdu Pakistan, Aftab Ahmed Khan, and S
Published 17 Aug, 2008 12:00am
'Food support programme' being redesigned

'Food support programme' being redesigned

The Ministry of Social Welfare and Special Education is taking steps to redesign 'Food Support Programme' to generate more employment opportunities for deserving persons. The program was launched under auspices of Pakistan Bail-ul-Mal (PBM) in 2002-03, ta
Published 17 Aug, 2008 12:00am
HEC asks universities to ensure optimum utilisation of IT

HEC asks universities to ensure optimum utilisation of IT

The Higher Education Commission (HEC) has asked all Universities to utilise the high-tech projects being initiated by the Commission for the dissemination of modern knowledge and state of the art techniques to the students and researchers.
Published 17 Aug, 2008 12:00am
USAID awards 24 more scholarships to students

USAID awards 24 more scholarships to students

USAID with the collaboration of Khushhali Bank Limited awarded 24 more scholarships to student of BBA (Hons) and MBA (General) from Institute of Management Sciences Peshawar and City University of Science and Information Technology Peshawar.
Published 17 Aug, 2008 12:00am
Minister opens Rs 450 million water supply project

Minister opens Rs 450 million water supply project

Sindh Minister for Local Government Agha Siraj Khan Durrani has said that after providing clean drinking water to Shams Pir, Baba, Bhit and Salehabad islands in Keamari Town, now top priority is being given to their sewerage system.
Published 17 Aug, 2008 12:00am
Trendy jewellery exhibition opens

Trendy jewellery exhibition opens

Jharoka Art Gallery here on Saturday opened an exhibition of exotic accessories by the Designer Amna Kardar. The two-day exhibition includes trendy and traditional jewellery items. Featuring a variety of exclusive jewellery styles, Amna has displayed over
Published 17 Aug, 2008 12:00am
Minister assures maximum relief to people during Ramazan

Minister assures maximum relief to people during Ramazan

The Provincial Minister for Supply and Prices, Shoaib Ahmed Bukhari has said that provision of maximum relief to people during Ramazan-ul-Mubarak is the government's top priority. Chairing a meeting of wholesalers, retailers and office-bearers and represe
Published 17 Aug, 2008 12:00am
No peace in IHK till opening of Muzaffarabad road: Mirwaiz

No peace in IHK till opening of Muzaffarabad road: Mirwaiz

In occupied Kashmir, the All Parties Hurriyat Conference Chairman Mirwaiz Umar Farooq has warned that the situation in Kashmir would not improve till Srinagar-Muzaffarabad road is opened, draconian laws are revoked and prisoners are released.
Published 17 Aug, 2008 12:00am
France's Reunion island aims for zero CO2

France's Reunion island aims for zero CO2

Ringed by volcan, France's Reunion island is hardly a major polluter. But hit by rising fuel costs and worried about the impact of global warming, particularly on its delicate flora and fauna, the small island nation has set itself the ambitious goal of c
Published 17 Aug, 2008 12:00am
How strong it will be?

How strong it will be?

In the open space which used to be the parking lot for the Sunday Bazaar in Gulshan-e-Iqbal a number of RCC beams are being cast for some bridge. Being a resident of the same area I pass by this site several time in a day. It pains me to see that after po
Published 17 Aug, 2008 12:00am
Parco raises LPG price by 10 percent

Parco raises LPG price by 10 percent

May I refer to the news on page 3 of Business Recorder of August 7, under the above caption. According to it the rise in the LPG price by Parco is from Rs 39.809 to Rs 43.775 per kg weight. This roundly is about Rs 4 per kg. Imagine the profiteerin
Published 17 Aug, 2008 12:00am
Fighting corruption is hard going in New Orleans

Fighting corruption is hard going in New Orleans

Ask the man assigned to combat corruption and bureaucracy in New Orleans how the fight is going and he will tell you about his telephone problems. "I started last September and they only switched my phone lines on two weeks ago," said Robert Cerasoli, New
Published 17 Aug, 2008 12:00am
Speedy disposal of labour cases - II

Speedy disposal of labour cases - II

The Breakup of the cases at Hyderabad, Sukkur and Larkana with the number of disposal, are not available. The institutions' figure of Labour Appeals in the Rawalpindi Bench of the Lahore High Court covering the period from 2003 to 2008 April are 235.
Published 17 Aug, 2008 12:00am
Fertiliser smuggling

Fertiliser smuggling

While the Ministry of Industries and Production has allowed private sector to import 300,000 tonnes of urea to meet the country's Kharif crop requirements, urea smuggling to Afghanistan, allegedly with the facilitation extended by some unscrupulous Custom
Published 17 Aug, 2008 12:00am
New Haj Policy

New Haj Policy

The Haj Policy for 2008, which was recently announced, provides for 164,647 Pakistanis performing the holiest Islamic pilgrimage this year. Of them, 85,000 will be entitled to fulfil the religious obligation under government sponsorship, while 9,647 will
Published 17 Aug, 2008 12:00am
Parties urged to solve problems of masses

Parties urged to solve problems of masses

Punjab Speaker Rana Muhammad Iqbal has urged upon the political parties to forge unity to solve problems such as energy crisis, unemployment, increase in prices of commodities. He was talking to a delegation of female legislators of Pakistan Muslim League
Published 17 Aug, 2008 12:00am
Musharraf's farm house being renovated

Musharraf's farm house being renovated

The farm house, owned by President Pervez Musharraf at Chak Shahzad, is being renovated at a very fast pace and the contractor was given two-day time to complete the work.
Published 17 Aug, 2008 12:00am
Shab-e-Barat today

Shab-e-Barat today

Lailatul Baraat is of significant distinction in the life of every Muslim. This night on the 15th Shaban, is popularly known as Shab-e-Baraat. Hundreds and thousands of Muslims in the sub-continent observe this night with religious zeal and active partici
Published 17 Aug, 2008 12:00am
Polio campaign held back in Swat, Bajaur and Kurram Agency

Polio campaign held back in Swat, Bajaur and Kurram Agency

Continuos lawlessness and insurgency in the district Swat, Bajaur and Kurram Agency have compelled the authority to hold back anti-polio campaign till return of normalcy that has deprived children of due polio vaccines.
Published 17 Aug, 2008 12:00am
Pakistani scientists get US patent for anticonvulsant drug

Pakistani scientists get US patent for anticonvulsant drug

A new anticonvulsant drug and its use in the treatment of a variety of disorders has been patented in the USA. The team of researchers includes Dr Iqbal Choudhry, Dr Farzana Shaheen, Dr Arun Ganesan, Dr Shabana Usman Simjee and Dr A Mohsin Raza from the I
Published 17 Aug, 2008 12:00am
Body constituted to monitor relief work for IDPs

Body constituted to monitor relief work for IDPs

The government of NWFP has constituted a high powered supervisory committee at the provincial level to supervise relief operation for Internally displaced people (IDPs) of Bajaur Agency. The committee consists of Rahimdad Khan, Senior Minister P&D, Bashir
Published 17 Aug, 2008 12:00am
Independence Day awards recipients congratulated

Independence Day awards recipients congratulated

S M Muneer, Patron-in-Chief, Korangi Association of Trade & Industry (Kati), Fazl-e-Jalil, Chairman, Razzak Hasham Paracha, Senior Vice Chairman, Johar Ali Qandhari Vice Chairman and members of Managing Committee offered their heartiest congratulations to
Published 17 Aug, 2008 12:00am
Senate body takes note on fake visa trade

Senate body takes note on fake visa trade

The Senate Standing Committee on Interior took serious note of the menace of fake visa business and asked the Federal Investigation Agency (FIA) to take immediate action against the culprits. The fake visa agents are not only fleecing innocent people, but
Published 17 Aug, 2008 12:00am
Bill to ensure safe blood transfusion soon: minister

Bill to ensure safe blood transfusion soon: minister

Ministry of Health is in the process of drafting a legislative bill to ensure safe blood transfusion. "The legislation on safe blood transfusion is a landmark step which would ensure that this critical health practice is conducted in Pakistan under the mo
Published 17 Aug, 2008 12:00am
Parliament House: Fehmida satisfied over security arrangements

Parliament House: Fehmida satisfied over security arrangements

The Speaker National Assembly Dr Fehmida Mirza on Saturday expressed her satisfaction over the security arrangements for the Parliament House and vowed for making security foolproof. She stated this while addressing a meeting held at Parliament House to r
Published 17 Aug, 2008 12:00am
Naek finalises charge sheet

Naek finalises charge sheet

Federal Law Minister Farooq H Naek on Saturday finalised a charge sheet against President Pervez Musharraf and the same would again be handed over to the draft committee of the ruling coalition on Sunday, Aaj TV reported. According to the channel,
Published 17 Aug, 2008 12:00am
No need for impeachment if President quits: Qureshi

No need for impeachment if President quits: Qureshi

Foreign Minister Makhdoom Shah Mahmood Qureshi said on Saturday that there would be no need for impeachment against the President if he resigns before the move. Talking to media persons at the local airport the foreign minister said that the President may
Published 17 Aug, 2008 12:00am
LUMHS holds Haj draw for employees

LUMHS holds Haj draw for employees

Liaquat University of Medical and Health Sciences Jamshoro's Vice Chancellor Professor Noshad Ahmed Shaikh performed the Haj Lucky Draw - 2008, for the university employees from Grade 1 to 16 here on Friday.
Published 17 Aug, 2008 12:00am
Restoration work of 500-KV power pylon completed

Restoration work of 500-KV power pylon completed

The National Transmission and Despatch Company (NTDC) has successfully completed the repair and restoration work of 500-KV power pylon. It is pertinent to mention the unknown miscreants damaged it two-week before near Badaber in the suburbs of Peshawar. T
Published 17 Aug, 2008 12:00am
Misuse of powers: probe ordered against Tehsil Nazim

Misuse of powers: probe ordered against Tehsil Nazim

Punjab Local Government and Urban Development Minister Sardar Dost Muhammad Khan Khosa has taken strict notice of the alleged withdrawal of huge funds by Shahkot Tehsil Nazim Mian Shahid Ali Haider and launching of development projects in his father's con
Published 17 Aug, 2008 12:00am
Government criticised for not restoring judges under Murree Declaration

Government criticised for not restoring judges under Murree Declaration

Prominent leader of the lawyers movement for restoration of judiciary, former Justice Tariq Mahmood has said that safe passage to the President Musharraf is a political issue and the political parties should decide it. About Musharraf's trial on the charg
Published 17 Aug, 2008 12:00am
Government's steps to help bring education revolution

Government's steps to help bring education revolution

Provincial Minister for Culture, Youth Affairs and Sports Dr Tanvir-ul-Islam has said that solid measures have been taken by the government for the promotion of education which will help bring education revolution in a real sense. He stated this while add
Published 17 Aug, 2008 12:00am
Rs eight billion allocated for provision of clean water in Punjab

Rs eight billion allocated for provision of clean water in Punjab

Lack of proper planning, research, indifferent attitude of authorities are basic reasons of contamination of drinking water, experts said. They told Business Recorder that water quality in Punjab province is deteriorating and immediate measures are
Published 17 Aug, 2008 12:00am
PSIC completes survey in Punjab

PSIC completes survey in Punjab

The Punjab Small Industries Corporation (PSIC) with the co-operation of relevant chamber of commerce and industry, district government, and other departments concerned has completed survey of the industries in Punjab. According to the departmental spokesm
Published 17 Aug, 2008 12:00am
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